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FxWirePro: Sell USD/CAD on rallies around 1.3040-45 with SL around 1.3090 for the TP of 1.2960

Sep 18, 2015 10:43 am UTC| Technicals

Loonie breaks major support 1.3050, a decline till 1.2955 cannot be ruled out . On the higher side minor resistance is around 1.3090 and any break above will take the pair till 1.3130/13180. Short term bullishness only...

EUR/AUD Trade idea

Sep 18, 2015 10:36 am UTC| Technicals

EUR/AUD has been consolidating in narrow range between 1.6065-1.5660 for the past three trading session. It is currently trading at 1.5777. On the downside it has broken major short term support 1.5800 and this confirms...

USD/JPY faces strong support at 118.60, jump till 120 is possible

Sep 18, 2015 10:16 am UTC| Technicals

Harmonic pattern formed- Bullish Gartley pattern Potential Reversal Zone (PRZ) -119.15 The pair has retreated after making a high of 120.98 yesterday. Its major support is around 118.60 (Sep 4th low) and any further...

EUR/AUD breaks short-term support 1.5800, decline till 1.5660 is possible

Sep 18, 2015 09:01 am UTC| Technicals

FxWirePro: Hedge USD/CAD with PRBS as delta risk reversal projects intermediate term trend reversal

Sep 18, 2015 08:18 am UTC| Technicals

Rationale: From the table showing delta risk reversal and below technical indications, the real challenge depends on a smart interpretation of these numbers and scrutiny of trend. The delta risk reversals of 1W to 1M...

USD/CAD faces strong support around 1.3050, break below targets 1.2960

Sep 18, 2015 07:48 am UTC| Technicals

Loonie breaks short term trend line support and has declined till 1.30733. It is currently trading at 1.3137. Short term trend is still weak as long as resistance 1.3220 holds. The pairs minor resistance is around...

FxWirePro: GBP/AUD struggles to close above 2.200, good to sell on rallies

Sep 18, 2015 07:04 am UTC| Technicals

GBP/AUD has made a high of 2.2108 and declined till 2.1350 from that level. It is currently trading at 2.152 The pairs minor resistance is around 2.200 and any break above would extend gains till 2.2200/2.2370. The pairs...

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Economy

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Science

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Technology

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